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Liberty sees new reality in F1 future
Formula One may be at the cutting edge of technology on track, but new owner Liberty Media has acknowledged that it has much ground to make up elsewhere. The US-based cable TV giant acquired an initial 18.7 per cent stake in the sport from controlling stakeholder CVC Capital Partners between the Italian and Singapore grands prix, with plans to complete its takeover early next year, but has already revealed ambitions to move F1 forward in terms of technology that would both bring the sport to a wider audience and enhance the spectacle for those already immersed in it. Naturally, those ideas have an income-generating potential for Liberty, which recognises that F1 under the direction of...
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